Archive: 12 July 2007
2 articles found
Thu, 12 Jul 2007, 16:02 WIB
Investors confused by govt's new restrictions
Confused by the new negative investment list issued recently by the government, the Indonesian Chamber of Commerce and Industry (Kadin), together with associations representing foreign investors, plans to go to the government to seek explanations. "We have identified so many gray areas in the list. We have been afforded the opportunity to question the government about these in greater detail on July 16," Kadin chairman Muhammad S.
Thu, 12 Jul 2007, 16:01 WIB
Indonesia still adhering to social justice-oriented economy, says Yudhoyono
Jakarta (ANTARA News) - President Susilo Bambang Yudhoyono has said Indonesia still adhered to an economic system marked by social justice even though the world had entered the globalization era. "In accordance with the consensus reached among our founding fathers, the economic system we adhere to is still social-justice-oriented, not capitalistic nor communistic," Yudhoyono said in his address at a function to observe the 60th National Cooperative Day in Nusa Dua, Bali, on Thursday.